
ESAB Corp (ESAB) Stock Forecast & Price Target
ESAB Corp (ESAB) Analyst Ratings
Bulls say
ESAB, a prominent player in the welding industry, demonstrated resilience and growth with approximately $2.7 billion in revenue for 2024, highlighting its substantial market position alongside competitors Lincoln Electric and ITW's Miller brand. The company reported mid-single-digit growth in China and Southeast Asia, driven by increased capital expenditure, suggesting a positive outlook for future earnings in these regions. Additionally, ESAB achieved a 3% increase in revenue and a margin expansion of 30 basis points to 20.4%, indicating improved operational efficiency and profitability compared to the prior year.
Bears say
ESAB is facing a projected operating margin decline of 27 basis points to 16.1%, which signals potential profitability challenges. The company experienced a 7% decline in organic revenue, driven primarily by an 11% drop in volume despite a 4% increase in prices, indicating weakened demand. Additionally, foreign exchange headwinds and the reliance on acquisitions for revenue further complicate ESAB's financial landscape, posing risks to sustainable growth.
This aggregate rating is based on analysts' research of ESAB Corp and is not a guaranteed prediction by Public.com or investment advice.
ESAB Corp (ESAB) Analyst Forecast & Price Prediction
Start investing in ESAB Corp (ESAB)
Order type
Buy in
Order amount
Est. shares
0 shares